114 42Nd St, Newport Beach, CA 92663
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114 42Nd St Newport Beach, CA 92663

$2,995,000 Sold Price as of 01/04/2022
  • 5 Beds
  • 3 Baths
  • 1,720 Sq.Ft.
Sold
$2,995,000 Sold Price as of 01/04/2022 Refinance Your Mortgage

Map preview of 114 42Nd St, Newport Beach, CA 92663

Property Overview: 114 42Nd St Newport Beach, CA has 5 bedrooms, 3 bathrooms, 1,720 living square feet and 2,335 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Completely renovated in the Summer 2019!! This terrific three-bedroom lower unit and two-bedroom upper unit duplex, has new flooring, kitchen, and bathrooms! Near one of Newport's best surfing beaches and just steps to sand. This is the perfect beach house for a family vacation. Only 4 houses from the sand. It has been professionally decorated and fully furnished with everything you need for your home away from home. Both units have its own stacked laundry unit is right off the kitchen, a convenience not always found in beach homes.

Listed by Carter Weir | BRE #01455381 | Berkshire Hathaway Homeservice
Co-listed by Susan Weir | BRE #01109388 | Berkshire Hathaway Homeservice
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
2,335
HOA Dues
$0/mo
Year built
1957
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP21225379
City
Newport Beach
County
Orange
Time on Site
928 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $192,000
  • Total Rent: $192,000
  • Pro Forma/Market Rent: $192,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $192,000
  • Net Operating Income: $164,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $28,000
  • Electric: $100
  • Gas/Fuel: $100
  • Trash: $100
  • Insurance: $100
  • Water/Sewer: $100

Property Details for 114 42Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop
Interior Features
  • Built-in Features, High Ceilings
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42331108
  • Year Built Source: Estimated
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: West Balboa blvd to 43rd Street turn left and left on 42nd.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

Local Newport Beach Agent

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Sale History for 114 42Nd St

Last sold for $2,995,000 on January 4th, 2022
  • October, 2021

  • Oct 12, 2021

    Date

    Active

    CRMLS: NP21225379

    $2,995,000

    Price

  • September, 2001

  • Sep 13, 2001

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

Show More

Tax History for 114 42Nd St

Assessed Value (2020): $748,732
Year Land Value Improved Value Assessed Value
2020 $688,833 $59,899 $748,732

Home Value Compared to the Market

This property vs the competition

114 42Nd St sold on January 4, 2022 for 14.05% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1741.28 per/sqft which puts the price per square foot 62.28% higher than the current median sale per square foot for the city of Newport Beach.

About 114 42Nd St

Detailed summary of property

114 42Nd St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,720 living square feet, and sits on an approximately 2,335 square foot lot. 114 42Nd St was first listed on ArdentRealEstateGroup.com on October 12, 2021. The homeowner sold the property for $2,995,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 14.05% higher than the current median priced home. Local homes that are currently for sale include 205 Huntington St, 206 Chicago Ave and 218 Indianapolis Ave. While the average home in Newport Beach, CA is selling in 72 days, 114 42Nd St has a days on market of 14 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 114 42Nd St Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 114 42Nd St

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
1,720
Lot Size
2,335
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
423-311-08

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Related Resources to 114 42Nd St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.